Commonly Asked Questions

Security

Has 42 been audited?

The 42 protocol has undergone security reviews and audits by independent third-party auditors. Identified issues have been addressed prior to deployment, and the team continues to improve the codebase as the protocol evolves.

That said, no smart-contract system can be considered entirely risk-free. Users should always assess their own risk tolerance and participate responsibly.

What risks should users be aware of?

General Risk Notice:

42 is a non-custodial, smart-contract-based protocol. Participation involves interacting directly with on-chain code, which carries inherent risks, including but not limited to:

• Smart contract vulnerabilities — unforeseen bugs or edge cases may exist despite audits and testing.

• Oracle and resolution risk — markets resolve strictly according to predefined rules and data sources; unexpected oracle behavior or data anomalies may impact outcomes.

• Economic and market risk — prices and payouts depend on participant behavior, timing, and capital distribution.

• Protocol integrations — where 42 interfaces with external infrastructure (e.g. oracles, settlement layers), failures or exploits in those systems may affect the protocol.